Comments on: Feds To Use $800B To Bolster Lenders

Paulson Unveils Programs Aimed At Unfreezing Credit Markets, Buying Mortgage-Backed Assets

[eddom949]

Oh, great. Let''s print some more money.

[boehlow1754]

sub prime mortgage melt down caused by carter then Clinton(jowand)
that sounds like something a guy i know who has a public teaching job might say!

[emelder]

The article fails to say where they are getting the 800 billion???? Wassup???

[boehlow1754]

this sounds like an episode of the Beverly hillbillies where Jethro says "hey paw we gots to help out this here Govermont family theys need $800 Billion Dollars"
and Jed replies "now boy why would ya give money to a family that already done spent way to much then they had to spend they ed just do it again"! go on now boy!! see if granny s got them vidals ready! huy dogie!!

[jowand]

TRUE or FALSE: Wall Street shysters and bankers who caused the mess get trillions upon trillions of our tax dollars, no questions asked, in bailout from US Treasury and US Fed Reserve, while the powerful Jewish Israeli lobbyist AIPAC fought gallantly and aggressively to protect the interests of everyday average Americans.

Posted by cbsblogger at 08:57 PM : Nov 25, 2008

False the subprime crisis was caused by the Carter then Clinton administration in 1995 forcing banks to lend money to dead beats, with bad credit who lied about their non existant salaries to get a home they knew the couldn''t afford and would not be able to pay for.

[cbsblogger]

TRUE or FALSE: Wall Street shysters and bankers who caused the mess get trillions upon trillions of our tax dollars, no questions asked, in bailout from US Treasury and US Fed Reserve, while the powerful Jewish Israeli lobbyist AIPAC fought gallantly and aggressively to protect the interests of everyday average Americans.

[BillTheCat]

Small Businesses employ over 75% of Americans. Where is their bailout? The huge corporations, banks, and failed industries are getting breaks so they can pay their CEOs and other executives their $MILLION BONUSES for doing such a fine job.

Small Business is the backbone of America -- not AIG, GM, Citicorp, etc. It''s the small stores, shops and factories that still build things and employ most Americans that deserve the bail out. They won''t see it though because Democrats don''t care about them. You see, small businesses don''t line democrats pockets with cash.

[BillTheCat]

I guess it is fitting that Obama gets to repair the damage caused by Carter and Clinton.

But, where is all this money going to come from?!? Last report was $7.5 TRILLION. That''s only $25,000 for every man, woman, child in America.

I''m sure all those wealthy people will be happy to pay your part and, while their at it, give you a bunch of tax breaks, money and more in the process.

Tell me again about all this change we''re getting?

[think-people]

WHERE IS TOUGH-TALKING BUSH & CHENEY?

Oh, I know, now that the economy has turned sour and in the worst shape since the Great Depression, the dynamic duo is trying to make a "CUT & RUN" strategy.

Even if Bush never caused any of these national disasters, he is still accountable to the people to fix the problem, or to come up with solutions. Apparently Bush never heard the phrase . . . "The buck stops here".

BUSH IS COLLECTING A "COMMANDER-IN-CHIEF PAYCHECK" WHILE AWOL.

[tincup356]

Congress has gone too far, their next mistake is to ignore the middle class any longer .The more foreclosures, job losses,and losses the middle class takes brings us closer to a showdown.when the masses march on Washington they had better take heed and listen to the peoples needs and not call martial law to quell them, it would be the first action of a revolution if they do.

[boehlow1754]

let us all gather round and throw a few bucks on the
fire! anybody got some gasoline? oh!! I''m sorry that''s too expensive!

[rickwar]

Buddy, can you spare a bil or so?


Sure----But only if you''re a banker, even better if your a bank owned by a Saudi price.


"I''m a car maker"

Sorry pal, get out of my way

[torva-2009]

Gee for a mere $62 trillion the U.S. goverment could give approximately 135 million U.S. tax payers $500,000 - and that would stimulate the economy quicker and make a whole lot of people happier than this death by a thousand bailouts!

[jntlw-2009]

We are very poorly managed in both business and government in this country and have been for some time. Our so called leaders of industry and government all need to pay for this fiasco. They are pathetic and incompetent. Both parties in Congress and the Senate are complicit and need to be kicked in the hinnie! We will never recover fom the heist that is being perpetrated on our treasury right before our eyes. The only ones concerned appear to be the American people. Everyone with any authority is standing around looking stupid/playing dumb or part of the conspiracy to bring about the demise of this once proud nation. Can I get off this planet?

[o2brich]

Have to wonder if the banks not lending as much right now is somehow related to consumers being less willing to borrow. The one exception would be student loans. The costs of higher education has gotten so ridiculous in recent years that its getting harder and harder to get post-high school education without borrowing. Now there%u2019s a market that should be funded. But instead we see it getting cut more and more. This is America%u2019s future, folks. These students need the help.

[prometheus41]

You know I was reading somewhere that college students are having trouble getting student loans through banks and this is placing a great deal of stress on an already difficult to finance education.

Just a thought U.S. Treasury. Since you''re already providing direct student loans to economically challenged students, WHY THE *** WOULD YOU NOT EXPAND THAT PROGRAM TO COVER ALL STUDENT LOANS during this crisis.

Just how *** IMPORTANT is keeping those veneer cornerstones of free-market religion propped up. More important than the education of people who are being FORCED to finance this socialized capitalism fiasco?

That important America?

[prometheus41]

I hear there''''s a help-line for any banks who want to file a complaint that their taxpayer financed deal isn''''t the "sweetest" available. For any bank that can prove they haven''''t received the "sweetest deal" from taxpayers, they get triple the amount, and all with the same no-strings attached CEO holiday package bundles, free at no extra charge.

All they need to do is agree to make sure that taxpayer''''s are loaned that money back at least at eight times the interest. Ho. Ho. Ho.


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Posted by prometheus41 at 02:28 PM : Nov 25, 2008

Come to think of it, if the Fed already loans money to these banks at 1% interest, what exactly is the *** compounded interest taxpayers are getting on all this extra "capital infusion"?

Rest assured, taxpayers, that no matter how difficult it is for you to get a loan with the credit freeze, and how desperate your government wants to loan your money back to you far cheaper than any bank would, there is absolutely no way in hell that it will loan it to you directly, not when corrupt profit making institutions are holding the financial industry hostage... NO *** WAY.

God Bless America

[al1394]

Is Mr Paulsons calculator broken? I see 1.2 trillon $ to go and help dig us out of the hole. ( That''s right, you can''t dig yourself out of a hole!)
As far as I know, credit is to buy something you don''t need, with money you don''t have.
Happy Holidays All

[prometheus41]

I hear there''s a help-line for any banks who want to file a complaint that their taxpayer financed deal isn''t the "sweetest" available. For any bank that can prove they haven''t received the "sweetest deal" from taxpayers, they get triple the amount, and all with the same no-strings attached CEO holiday package bundles, free at no extra charge.

All they need to do is agree to make sure that taxpayer''s are loaned that money back at least at eight times the interest. Ho. Ho. Ho.

[mikezembill]

txgrouch2007 who would like to see run the country?